Dr. Bucshon Votes Provide Certainty for Students, Taxpayers

Statement

On Wednesday, the House approved a bipartisan motion to concur with the Senate on a permanent, market based solution for student loans.

Representative Larry Bucshon said:

"As a physician who made it through medical school on student loans and the father of two college students, I understand the struggle that many families face. I am pleased that the Senate took action on the permanent, market based solution to student loan interest rates that the House passed in May. We sent a bill to the President's desk that takes politics out of student loans and provides certainty for students and their families."

BACKGROUND:

The House passed H.R. 1911, the Smarter Solutions for Students Act on May 23rd, 2013 to prevent interest rates from doubling on college students.

After months of delay, the Senate finally took action and passed a solution that closely mirrors the proposal passed by the House.

Source